Mengenal Lebih Jauh Sosok Trader Ed Seykota

Ed Seykota adalah salah satu pelopor sistem buying and selling dengan komputer dan telah sukses luar biasa dengan kombinasi analisis teknikal dan tren following system. Jack D. Schwager menulis bahwa Seykota adalah "one of the finest merchants of our time". Apa yang bisa kita pelajari tentang buying and selling dari Ed Seykota?

Kisah Hidup Ed Seykota

Edward Arthur Seykota (lahir 7 Agustus 1946) adalah seorang dealer komoditas, yang meraih gelarnya di Teknik Elektro dari MIT dan manajemen dari MIT Sloan School of Management. Pada tahun 1970 ia merintis penggunaan sistem perdagangan dengan menggunakan komputer, saat komputer masih menggunakan sistem kartu (jadul bener). Sekarang dikena sebagai Sistem Trading. Yang ingin tahu tentang Sistem Trading baca buku ini.

Awalnya sistem buying and selling yang dibuatnya untuk untuk dealer tempatnya bekerja. Kemudian, dealer tersebut mengadopsi sistem tersebut untuk perdagangan mereka. Akhirnya Ed memutuskan untuk buying and selling sendiri dan mengelola beberapa account kliennya.

Minatnya dalam menciptakan sistem buying and selling diawali setelah ia membaca surat Richard Donchian mengenai penggunaan development dan juga shifting usual crossover yang digunakan Donchian (periode 5 dan 20). Sistem buying and selling milik Ed Seykota pertama kali dikembangkan berdasarkan Exponential Moving Average.

Seykota mengklaim bahwa salah satu account yang ia kelola pada tahun 1972 dimulai dengan $5.000 dan selama 16 tahun telah mencapai pengembalian lebih dari 250.000%. Untuk memberikan gambaran keberhasilan Ed - jika seseorang menginvestasikan $5.000 padanya pada tahun 1972 - akan bernilai $12.500.000 pada tahun 1988.

Ed juga merupakan seseorang yang menempatkan kualitas hidup di atas uang. Misalnya - ia menolak untuk tinggal di kota-kota besar dan sebaliknya - memilih kenyamanan rumah sendiri di Lake Tahoe. Ia adalah seorang insinyur dan bergairah pada matematika, probabilitas dan distribusi pola.

Apa yang bisa kita pelajari tentang buying and selling dari Ed Seykota?

Berikut adalah ringkasan wawancara dengan Ed Seykota yang dimuat di dalam buku Market Wizard: Interviews With Top Traders.

1. Kunci sukses Ed Seykota: The key to long run survival and prosperity has lots to do with the cash management approaches incorporated into the technical system
2. Cara Ed Seykota trading: (1) the long run trend, (2) the latest chart pattern, and (3) choosing a nice spot to purchase or sell
3. Elemen buying and selling yang baik versi Ed Seykota: The components of nice buying and selling are: (1) chopping losses, (2) chopping losses, and (3) chopping losses. If you'll be able to comply with those three rules, you would possibly have a chance.
4. Apa yang membuatnya sukses: I really sense my success comes from my love of the markets. I am now not a informal trader. It is my life. I actually have a pastime for trading
   

Ed Seykota's Quotes:

• The markets are the identical now as they had been five or ten years ago simply due to the fact they hold changing-just like they did then.
• The components of nice buying and selling are chopping losses, chopping losses, and chopping losses.
• Win or lose, everyone will get what they desire out of the market. Some folks appear to desire to lose, so they win with the aid of way of dropping money.
• The development is your first rate buddy besides on the finish the place it bends.
• If you desire to realize everything in regards to the market, cross to the beach. Push and pull your palms with the waves. Some are larger waves, a few are smaller. But in case you happen to attempt to push
• the wave out whilst it is coming in, it will with the aid of way of no means happen. The market is all the time right.
• To store away from whipsaw losses, cease trading.
• Here's the essence of threat management: Risk no extra than you'll be able to afford to lose, and in addition threat sufficient so that a win is meaningful. If there can also additionally just be just now not any such amount, do now not play.
• It could be very dear to attempt to persuade the markets you're right.
• Systems do now not have to be changed. The trick is for a dealer to grow a gadget with which he's compatible.
• I do now not suppose merchants can comply with guidelines for very lengthy besides they reflect their very own buying and selling style. Eventually, a breaking level is reached and the dealer has to give up or change, or discover a brand new set of guidelines he can follow. This appears to be facet of the activity of evolution and increase of a trader.
• Our work isn't so lots to deal with or to remedy feelings, as to settle for and celebrate them. This is a serious difference.
• Fundamentalists determine issues out and count on change. Trend fans enroll in the development of the moment. Fundamentalists attempt to clear up their feelings. Trend fans enroll in their emotions and note them evolve and dis-solve.
• The emotions we settle for and take pleasure in now not often interfere with trading.
• When a sense dissolves, it ceases to be your enemy and starts to be one in every of your allies.

Semoga menginspirasi